SILVER - COMMODITY EXCHANGE INC.                                                                              
Commitments of Traders with Delta-adjusted Options and Futures Combined, February 15, 2005               
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 TROY OUNCES)                                           :
     :          :                                                                            :
All  :   129,639:    45,382      5,883     26,770     22,326     81,764     94,478    114,417:    35,161     15,221
Old  :   129,639:    45,382      5,883     26,770     22,326     81,764     94,478    114,417:    35,161     15,221
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: February 8, 2005                     :
     :    11,880:     6,431     -5,244      5,093       -418      9,248     11,106      9,097:       773      2,782
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      35.0        4.5       20.6       17.2       63.1       72.9       88.3:      27.1       11.7
Old  :     100.0:      35.0        4.5       20.6       17.2       63.1       72.9       88.3:      27.1       11.7
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       168:        91         31         52         23         37        136        102:
Old  :       168:        91         31         52         23         37        136        102:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 14.5       26.5       22.6       40.7       13.2       24.5       19.2       35.3
Old  :                 14.5       26.5       22.6       40.7       13.2       24.5       19.2       35.3
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.                                                                     
Commitments of Traders with Delta-adjusted Options and Futures Combined, February 15, 2005               
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 25,000 POUNDS)                                               :
     :          :                                                                            :
All  :    99,721:    33,232     10,212     14,321     35,541     66,795     83,093     91,328:    16,628      8,393
Old  :    99,721:    33,232     10,212     14,321     35,541     66,795     83,093     91,328:    16,628      8,393
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: February 8, 2005                     :
     :    10,991:    10,110      3,345       -629       -891      9,759      8,591     12,476:     2,400     -1,484
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      33.3       10.2       14.4       35.6       67.0       83.3       91.6:      16.7        8.4
Old  :     100.0:      33.3       10.2       14.4       35.6       67.0       83.3       91.6:      16.7        8.4
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       156:        67         37         36         39         41        126         98:
Old  :       156:        67         37         36         39         41        126         98:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 23.5       44.5       34.7       59.7       20.6       39.5       30.7       52.3
Old  :                 23.5       44.5       34.7       59.7       20.6       39.5       30.7       52.3
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
GOLD - COMMODITY EXCHANGE INC.                                                                                
Commitments of Traders with Delta-adjusted Options and Futures Combined, February 15, 2005               
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 100 TROY OUNCES)                                             :
     :          :                                                                            :
All  :   359,757:   111,861     61,774     77,091    114,951    197,904    303,903    336,768:    55,854     22,988
Old  :   359,757:   111,861     61,774     77,091    114,951    197,904    303,903    336,768:    55,854     22,988
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: February 8, 2005                     :
     :    10,364:    13,288      1,750      1,396     -7,074      8,114      7,611     11,259:     2,753       -896
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      31.1       17.2       21.4       32.0       55.0       84.5       93.6:      15.5        6.4
Old  :     100.0:      31.1       17.2       21.4       32.0       55.0       84.5       93.6:      15.5        6.4
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       226:       120         53         60         37         42        179        135:
Old  :       226:       120         53         60         37         42        179        135:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 23.1       26.4       34.0       43.1       15.7       21.9       20.5       32.9
Old  :                 23.1       26.4       34.0       43.1       15.7       21.9       20.5       32.9
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
 

Updated February 18, 2005